While we’re dissecting Jonathan Kuminga’s contract negotiations and analyzing whether the Warriors should pursue aging superstars, Damian Lillard just signed a deal to return to Portland in what Blazers coach Chauncey Billups perfectly described as “the highest-paid assistant coach in history.” Oakland’s finest is coming home to the team that drafted him, but not the way anyone envisioned when he left Rip City two years ago.
This isn’t just another free agency signing. This is a masterclass in how
championship windows operate in the modern NBA, and why what we’ve built in the Bay Area deserves deeper appreciation than folks may realize.
"So you are going to be at your house... in Portland... the whole time?"
— NBA (@NBA) July 22, 2025
Dame's daughter's reaction to him returning to the @trailblazers is heartwarming pic.twitter.com/gBn0IMRjGJ
Let’s analyze what actually happened in Milwaukee, because the tactical breakdown reveals everything about sustainable success versus quick-fix mentality.
When the Bucks acquired Lillard in September 2023, the basketball analytics community collectively lost its mind. Here was a 32-year-old guard averaging 32.2 points and 7.3 assists in his final Portland season, joining a 28-year-old two-time MVP in Giannis Antetokounmpo.² On paper, this was championship-caliber talent acquisition.
Most points scored in the last decade:
— The Lead (@TheLeadSM) July 29, 2025
18,983 - Giannis Antetokounmpo
18,801 - James Harden
17,686 - DeMar DeRozan
17,621 - Damian Lillard
17,271 - LeBron James
16,672 - Steph Curry
16,452 - Devin Booker
16,210 - Nikola Jokic
15,485 - Russell Westbrook pic.twitter.com/LxxQF9cuEp
The reality? Basketball isn’t played on spreadsheets.
Lillard’s Milwaukee tenure became a cautionary tale about roster construction under pressure. The Bucks sacrificed depth (Jrue Holiday, multiple first-round picks) for top-line talent, then watched that talent break down when it mattered most. When Lillard tore his Achilles tendon during Game 4 against Indiana – a series they eventually lost – it exposed the fundamental fragility of their championship foundation. And this is really saying something because Dame and Giannis are two all-time elite hoopers from the current generation.
Here’s where this gets personally meaningful for every Warriors fan: while the hometown hero Dame was navigating trade requests and championship disappointments, GSW guard Stephen Curry was quietly establishing himself as the most reliable franchise cornerstone in modern basketball.
Think about the timeline. Since 2019 (the year Portland made their only Conference Finals appearance under Lillard) Curry has led the Warriors another title in 2022, his fourth overall. He’s also sustained playoff relevance despite significant roster turnover. During that same period, Lillard was sent out of of Portland, struggled to find the groove we were all anticipating in Milwaukee, and is now returning back to the Pacific Northwest as an injury rehabilitation project.
I’m hoping Dame comes back balling like Kevin Durant and Klay Thompson, two former Dubs who suffered Achilles’ tears. If Lillard returns at even 75% capacity, this becomes one of the shrewdest signings in recent memory. Portland isn’t just signing a popular player; they’re betting on medical rehabilitation and age-defying recovery.
Throwback to Damian Lillard scorching the 73-9 warriors right after getting snubbed from the All-Star game:
— Blazers Palace (@blazers_palace) July 29, 2025
-51 points
- 6 steals
-7 assists
- 0 turnovers
-W pic.twitter.com/SoQZl5xPxX
This situation crystallizes something crucial about Golden State’s current position. While other contenders are gambling on aging superstars with significant injury histories, the Warriors are trying to figure out what to do with their hodgepodge of grizzled stars and young projects.
Portland’s most intriguing bet isn’t on Lillard’s eventual return to form. It’s on his ability to accelerate Scoot Henderson’s development and provide veteran leadership during a rebuilding phase. This represents a different kind of value in the unmeasurable impact of championship-level experience on young talent.
For Warriors fans, this dynamic should feel familiar. We’ve watched veterans like Andre Iguodala and Shaun Livingston provide similar mentorship value during our championship runs. The difference? Those veterans were contributing on championship teams, not recovering from career-threatening injuries on rebuilding rosters.
Lillard’s journey – from Portland legend to Milwaukee disappointment to Portland assistant coach – illustrates why the Warriors’ sustained excellence deserves more recognition than it typically receives.
Championship construction isn’t just about acquiring talent. It’s about building sustainable systems that can withstand injuries, roster changes, and the inevitable challenges that every title contender faces.
Damian Lillard’s homecoming is genuinely heartwarming as a franchise icon returning to mentor the next generation while recovering from injury. But for Warriors fans, it should serve as a reminder of what we have and why it matters.
"I don't think I'll ever forget" ❤️
— NBA TV (@NBATV) February 15, 2025
Oakland native @Dame_Lillard reminisces on going to Warriors games as a kid. pic.twitter.com/gk0LpeVV8P
While Portland celebrates getting their legend back as a rehabilitation project, we get to watch Stephen Curry continue his Hall of Fame career in pursuit of another championship. While Milwaukee stretches dead money across five seasons, Golden State is looking to maintain contender-level flexibility and depth.
Dame Time is back in Portland, but it’s been Curry Time in the Bay Area for over a decade...and that clock is still ticking toward banner number five.
More from goldenstateofmind.com:
- Video: How the Warriors reinvented “3-1” and crushed Cleveland
- Warrior Wonders: Curry, Green make history while beating Portland
- Klay Thompson and Draymond Green make All-Defense Second Team
- BreakingT releases new “Forgot About Dray” tee to honor Draymond Green
- Andre Iguodala says Steph Curry is the second-greatest player ever
